World Bank Reports Slight Improvement in Its Growth Forecast for Ecuador in 2025
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2 Articles
The World Bank (WB) updated its forecast on the performance of the Ecuadorian economy and estimates a growth rate of 2.3% of gross domestic product (GDP), at the close of 2025, according to the report Transformative Entrepreneurship for Employment and Growth, which was presented on October 7.
The World Bank reviewed its estimates of economic growth for several countries. In the case of Ecuador, it plans to close by 2025 with a GDP increase of 2.3%. The country’s main challenge: insecurity. The prospects for the Ecuadorian economy continue to be positive, although with certain nuances, according to the international organization.
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